New Cork University Business School

• It is the first dedicated EIB support for business school investment in Ireland.
• The development will provide an economic boost to the area by bringing over 4,500 students and 225 staff into the city centre every day.

University College Cork (UCC) is pleased to confirm today that the European Investment Bank (EIB) will provide EUR 50 million for the development of the new Cork University Business School (CUBS).

The announcement was made as the EIB-Ireland Financing Group meets in UCC today to explore how future EIB engagement can assist economic development, job creation, and Ireland’s transition to a low-carbon and sustainable future.

First dedicated EIB support for business school investment in Ireland

Located in Cork City centre, planning permission for UCC’s CUBS building, designed by a team led by RKD architects, was granted by Cork City Council in May 2023. UCC sees the new CUBS building as a contribution to a ‘higher education quarter’, which will complement the existing cluster of education buildings in this part of Cork city. The development will provide an economic boost to the area by bringing over 4,500 students and 225 staff into the city centre every day. It is anticipated that construction of the new building will commence in May 2024.

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